Etihad Cargo posts record mid-year revenue

Etihad Cargo posts record mid-year revenue

- Strong growth across premium product range, including 46 per cent increase for PharmaLife

- Etihad Cargo records DAP rate of 86 per cent and OTP rate of 83 per cent

Abu Dhabi, United Arab Emirates – Etihad Cargo, the cargo and logistics arm of Etihad Aviation Group, has announced record-breaking results for the first half of 2022, achieving year-on-year revenue growth of 6 per cent compared to H1 2021 and contributing 35 per cent of Etihad Aviation Group's operating revenue.

In addition to recording an increase in overall revenue, Etihad Cargo maintained a strong Delivered as Promised rate of 86 per cent, a 2 per cent increase compared to its 2021 full-year results, along with an 83 per cent freighter On Time Performance (OTP) rate despite the challenging handling environment across the network.

Etihad Cargo saw growth across a number of premium products in the first half of 2022. For example, the performance of PharmaLife, Etihad Cargo's award-winning, dedicated pharmaceutical shipment solution, increased by 46 per cent compared to H1 2021.

Contributing to this growth have been the new developments Etihad Cargo has launched to enhance its PharmaLife capabilities, including improved thermal covers that dramatically increase the protection of pharmaceutical cargo during aircraft loading